SPECIAL FOCUS: New Banks on the Block
 
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Banks

Goldman Sachs CEO defends bank over $2.7bn scandal

Dec 23 2018 09:03

The head of Goldman Sachs defended the investment bank's handling of the scandal-plagued Malaysian fund 1MDB, saying much criticism of the financial giant was unfair.

Banks

FNB targets SA townships with fintech deal

Nov 27 2018 22:27

First National Bank and a startup financial-technology company in South Africa are partnering to connect informal traders in townships with fast-moving consumer-goods companies.

Banks

Solidarity 'disappointed' after meeting with Discovery over empowerment shares

Nov 26 2018 20:45

Trade Union Solidarity says Discovery has rejected its plea to reconsider its 10% share allocation to black people, in the new bank launched by the health and financial services giant this month.

Banks

Discovery to give better banking rates to smartest clients

Nov 15 2018 10:13

Discovery’s new banking unit will reward customers for their 'good' behaviour, applying a similar strategy to that used by its health-insurance operation.

Banks

Fast, cheap and tech-focused: TymeDigital to target banking’s 'underserved'

Nov 14 2018 12:41

TymeDigital is holding its cards close to its chest following the August announcement that Patrice Motsepe’s African Rainbow Capital (ARC) would become its 100% owner.

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Banks

Postbank: State bank in the making singles out customers at the bottom of the pyramid

Nov 14 2018 12:41

With double the required amount of capital in hand, Postbank says it’s ready to be a fully fledged bank, able to offer loans to a largely ignored market segment.

Banks

African Bank bets on 'near-free' family banking

Nov 14 2018 12:42

African Bank believes it will be able to compete with the Big Five banks once its MyWORLD cheque account is launched to consumers early next year.

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